2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Bermuda-Peru Trade: In 2022, Bermuda exported $95 to Peru. The main products that Bermuda exported to Peru were Electric Motors ($95). Over the past 6 years the exports of Bermuda to Peru have decreased at an annualized rate of 31%, from $878 in 2016 to $95 in 2022.

In 2022, Bermuda did not export any services to Peru.

Peru-Bermuda Trade: In 2022, Peru exported $14.5k to Bermuda. The main products that Peru exported to Bermuda were Knit Men's Shirts ($8.3k), Live Fish ($2.89k), and Knit Sweaters ($1.79k). Over the past 6 years the exports of Peru to Bermuda have decreased at an annualized rate of 26%,  from $65.5k in 2016 to $14.5k in 2022.

In 2022, Peru did not export any services to Bermuda.

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $95 to Peru. The main products exported from Bermuda to Peru were Electric Motors ($95). During the last 6 years the exports of Bermuda to Peru have decreased at an annualized rate of 31%, from $878 in 2016 to $95 in 2022.

In 2017, Peru exported $14.5k to Bermuda. The main products exported from Peru to Bermuda were Knit Men's Shirts ($8.3k), Live Fish ($2.89k), and Knit Sweaters ($1.79k). During the last 5 years the exports of Peru to Bermuda have decreased at an annualized rate of 26%, from $65.5k in 2022 to $14.5k in 2017.

Exports from Bermuda (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Peru
Top Destination
China$17.6B

This map shows whether countries import more from Bermuda or Peru. Each country is colored based on the difference in imports they receive from Bermuda and Peru or the difference in the growth in imports.

In 2022, countries that imported more from Bermuda than Peru included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

In 2022, countries that imported more from Peru than Bermuda included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

Difference in imports from Peru (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - Peru

Flow
Scale

This chart compares trade between Bermuda and Peru by product, considering products traded by both, Bermuda and Peru.

During 2022, Bermuda had a large net trade with Peru in the exports of Machines ($95).

During 2017, Peru had a large net trade with Bermuda in the exports of Textiles ($11.6k) and Animal Products ($2.89k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bermuda and Peru. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Bermuda.

Product Space of Bermuda (Flag) and Peru (Flag) (2022)

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